Aon plc (NYSE:AON) is Ycg LLC’s 8th Largest Position

Ycg LLC lessened its stake in shares of Aon plc (NYSE:AON) by 0.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 148,882 shares of the financial services provider’s stock after selling 490 shares during the period. AON accounts for about 4.2% of Ycg LLC’s investment portfolio, making the stock its 8th biggest holding. Ycg LLC owned approximately 0.07% of AON worth $53,472,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the business. CWA Asset Management Group LLC acquired a new stake in shares of AON in the 3rd quarter worth $640,000. Assetmark Inc. boosted its holdings in AON by 8.1% in the 3rd quarter. Assetmark Inc. now owns 8,044 shares of the financial services provider’s stock worth $2,783,000 after buying an additional 606 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in AON in the 3rd quarter worth about $203,000. Venturi Wealth Management LLC boosted its holdings in shares of AON by 10.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 4,185 shares of the financial services provider’s stock worth $1,448,000 after purchasing an additional 382 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its holdings in shares of AON by 77.4% during the 3rd quarter. GSA Capital Partners LLP now owns 2,398 shares of the financial services provider’s stock worth $830,000 after purchasing an additional 1,046 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

AON Price Performance

Shares of NYSE:AON opened at $399.88 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock’s fifty day simple moving average is $378.90 and its two-hundred day simple moving average is $367.91. Aon plc has a 1-year low of $268.06 and a 1-year high of $412.97. The stock has a market cap of $86.37 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, topping the consensus estimate of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same quarter last year, the business earned $3.89 earnings per share. As a group, analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a $0.675 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.68%. AON’s payout ratio is 21.33%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AON shares. Wells Fargo & Company boosted their target price on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods increased their target price on AON from $411.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Finally, Barclays increased their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $386.21.

AON Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.